[SMM Iron & Steel] Slovenian SIJ Group's 2025 Crude Steel Production Drops 5.2% Amid Germany's Industrial Stagnation

Published: May 21, 2026 15:12

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Slovenia's dominant steel producer, the SIJ Group, reported a 5.2% year-on-year decline in crude steel production for 2025, with total output heavily restricted by an economic cooling in its core export destination, Germany. Operating with a combined annual steelmaking capacity of 726,000 mt—comprising 636,000 mt at SIJ Acroni and 90,000 mt at SIJ Metal Ravne—the group's downstream rolling capacity remained limited to 370,000-400,000 mt per year. Despite booking total revenues of €1 billion, matching the previous year's levels, the group’s financial performance deteriorated significantly, with EBITDA shrinking to €51 million (down from €73.3 million in 2023) and net losses widening to €15.4 million.

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